Marcolin Group, one of the worldwide leading eyewear companies, announces that Giovanni Zoppas is leaving his responsibilities in the Group, while still remaining as a Director of the Board.

Giovanni Zoppas moves on to Thélios in the role of CEO and General Manager of the
joint venture established by Marcolin with the LVMH Group.

This is part of an agreed-upon plan between the parties, aimed at maximizing the
overall value of Marcolin Group.